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Trentino-Based Smartness Raises €47M to Scale AI Operations
Summary by TNW
3 Articles
3 Articles
United Ventures and Cdp Venture Capital lead the round of series B, record for a vertical Saas in Italy. The company focuses on a platform of solutions IA p...
·Turin, Italy
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Italian TravelTech startup Smartness closes €47 million Series B for European expansion
Trentino-based Smartness announced the closing of a €47 million Series B round, including primary and secondary equity as well as a debt component, in the largest round ever completed in Italy for a vertical SaaS company. The round was led by United Ventures and CDP Venture Capital, with participation from existing investor Partech, which also led Smartness’ 2023 €13 million Series A round. With this transaction, the total capital raised by the …
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Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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